Shipping Industry Anticipates Acceleration of Alternative Marine Fuels Post-2030

Reported about 12 hours ago

Shipping executives predict that the adoption of alternative marine fuels will accelerate after 2030 due to stricter emissions standards. While the transition is currently slow, growth is expected in the coming decade as companies like Maersk shift to dual-fuel vessels and explore lower-carbon options amid geopolitical uncertainties. A focus on proven products such as LNG and methanol is emphasized, alongside a commitment to long-term decarbonization goals despite complexities in investment decisions.

Source: YAHOO

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